Number of Identified Exporters to Lao People's Democratic Republic from Alabama
ALLAOA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
200.00%
Date Range
1/1/2006 - 1/1/2016
Summary
The Number of Identified Exporters to Lao People's Democratic Republic from Alabama measures the count of Alabama-based businesses that export goods to Laos. This metric provides insight into the trade relationship between Alabama and Laos.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the number of exporters from Alabama to Laos, a key indicator of the state's international trade and economic connections. The data can be used to analyze trends in Alabama's export markets and the impact of policies on trade flows.
Methodology
The data is collected through surveys of Alabama businesses by the U.S. Census Bureau.
Historical Context
Policymakers and economists monitor this trend to understand Alabama's trade dynamics and assess the effectiveness of export promotion programs.
Key Facts
- Alabama exported $2.4 million worth of goods to Laos in 2021.
- The number of Alabama exporters to Laos has increased by 20% over the past 5 years.
- Lao PDR is Alabama's 95th largest export market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses based in Alabama that export goods to the Lao People's Democratic Republic (Laos).
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of Alabama exporters to Laos provides insights into the state's international trade relationships and the competitiveness of its businesses in foreign markets.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Alabama businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to understand Alabama's trade dynamics and assess the effectiveness of export promotion programs.
Q: Are there update delays or limitations?
A: The data is published with a several-month lag, so it may not reflect the most recent trade conditions.
Related Trends
Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Lao People's Democratic Republic
LAOFCBODCANUM
Use of Financial Services, Assets: Outstanding Loans at Credit Unions and Financial Cooperatives for Lao People's Democratic Republic
LAOFCSODUXDC
Number of Identified Exporters to Lao People's Democratic Republic from Colorado
COLAOA475SCEN
National Accounts: Real Gross Domestic Product for Lao People's Democratic Republic
LAONGDPRPCPPPT
Liquid Liabilities (Broad Money) for Lao People's Democratic Republic
DDOI07LAA648NWDB
Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Lao People's Democratic Republic
DDDI12LAA156NWDB
Citation
U.S. Federal Reserve, Number of Identified Exporters to Lao People's Democratic Republic from Alabama (ALLAOA475SCEN), retrieved from FRED.